Policeman Arrested On Suspicion Of Money Laundering

"); jQuery("#212 h3").html("

Related News Programmes

"); });

2020-11-05 HKT 22:31

Share this story

facebook

  • The police say the officer was among 11 people, suspected of having dealt with crime proceeds totalling HK$210 million. File photo: RTHK

    The police say the officer was among 11 people, suspected of having dealt with crime proceeds totalling HK$210 million. File photo: RTHK

Police say they have arrested a 23-year-old policeman on suspicion of money laundering, along with ten others.

The force says eight men and three women, aged between 19 and 30, were suspected of having dealt with crime proceeds totalling HK$210 million.

The arrests came after the Narcotics Bureau received a report of suspicious bank transactions.

Police say they have since frozen HK$760,000.

The arrested officer has been suspended.

RECENT NEWS

HashKey Capital Partners With Tiantu AM To Explore Virtual Asset Funds

HashKey Capital has signed a memorandum of strategic collaboration with Tiantu Asset Management (Tiantu AM), a wholly o... Read more

You Can Now Make Alipay Payments With AR Glasses

RayNeo and Ant Group have announced a partnership to develop digital payment solutions for global use. The collaboratio... Read more

JICA Goes Live With Finastras Loan IQ In First Japan Deployment

Finastra has announced that the Japan International Cooperation Agency (JICA) has gone live with its Loan IQ platform. ... Read more

Japan Set To Approve First Yen-Backed Stablecoin

Japan’s Financial Services Agency (FSA) is preparing to approve the issuance of the country’s first yen-backed stab... Read more

Indonesia And China Begin Trials For Cross-Border QRIS Payments

Bank Indonesia (BI) and the People’s Bank of China (PBOC) have begun a series of trials for cross-border QR code paym... Read more

ANZ Appoints Ender Tanar As Japan Country Head

ANZ, headquartered in Melbourne, Australia, announced the appointment of Ender Tanar as Country Head for Japan, reporti... Read more